IPO Issue Details
Issue Price / Price Band₹378 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size35 Shares per Lot
Total Issue Size1,29,21,708 shares (aggregating up to ₹488.44 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenFri, 08 May 2015
Subscription CloseTue, 12 May 2015
Anchor AllotmentThu, 07 May 2015
Basis of AllotmentMon, 18 May 2015
Initiation of RefundsTue, 19 May 2015
Credit of Shares to DematTue, 19 May 2015
Listing DateTue, 26 May 2015
UPI Mandate Deadline2015-05-12
Application & Investment Details
Retail — Min (1 Lots)₹13,230 — 35 shares
Retail — Max (13 Lots)₹171,990 (13 Lots)
HNI — Min (76 Lots)₹10,05,480 — 2,660 shares
Pre-IPO Promoter Holding3,98,07,833 shares
Post-IPO Promoter Holding5,13,07,833 shares
Fresh Issue Shares1,15,00,000 shares (aggregating up to ₹434.70 Cr)
Offer for Sale Shares14,21,708 shares of ₹10 (aggregating up to ₹53.74 Cr)
About PNC Infratech Ltd.
PNC Infratech Ltd is an Indian infrastructure construction, development and management company, with expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, development of industrial areas and other infrastructure activities.PNC provide end-to-end infrastructure implementation solutions that include engineering, procurement and construction ("EPC") services on a fixed-sum turnkey basis as well as on an item rate basis. We also execute and implement projects on a "Design-Build- Finance-Operate-Transfer" ("DBFOT"), Operate-Maintain-Transfer ("OMT") and other PPP formats.They have executed projects across various states in India including Rajasthan, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Delhi, Bihar, West Bengal, Assam, Madhya Pradesh, Maharashtra, Karnataka and Tamil Nadu. Company has executed 42 major infrastructure projects on an EPC basis.
Objects of the Issue
PNC Infratech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding working capital requirements
150.00
2
2 Investment in our subsidiary, PNC Raebareli Highways Private Limited for part-financing the Raebareli-Jaunpur Project
65.00
3
3 Investment in capital equipment
85.06
4
4 Repayment/ prepayment of certain indebtedness
35.14
5
5 General corporate purposes
81.10
Shareholding & Lock-in
Pre-IPO Promoter Holding
3,98,07,833 shares
Post-IPO Promoter Holding
5,13,07,833 shares